All the As to your Qs

If your business is registered as a Limited company in England and Wales, pays corporation tax and puts money into anything that could be classed as research or development for your business, you are eligible for R&D tax credits. Read more here.

You can get R&D tax credits at any point during the financial year, though it speeds up your claim if you have your latest year-end accounts submitted.

Absolutely. Even if you have already submitted, our industry-leading expertise means we can revisit your case and squeeze even more money back for your business. Our team has uncovered up to 25% additional claims values for our clients (with an average of +10%)

Yes. As long as your case is legitimate, there is no restraint on how many times you put in for an R&D tax credit claim in a year. Our team can help determine the veracity of your claim.

One of the major benefits of the HMRC scheme is that it allows businesses in states of both profit and loss to submit claims. Indeed, many businesses in a loss-making position do so primarily because of their proactive expenditure on R&D.

You are not penalised the following year if you receive R&D tax credits. The money is yours to spend on the business as you see fit.

As any money you receive is classed as a tax credit or relief, the money itself is not taxable or classed as income. Only claims made under the RDEC scheme for large organisations have the proceeds of their claim taxed.

That's where we come in. You might think you haven't spent anything on R&D, but the chances are you have. The list of what is eligible is massive. Check it out here.

Any sector or industry is eligible. To view a list of the sectors we most commonly help out, please click here. You could be next.

The five industries with the most successful cases are Manufacturing, Information & Communication, Professional, Scientific & Technical Activities, Wholesale & Retail Trade, repair of motor vehicles and motorcycles, and Construction. That's not all. There are 14 other large, varied sectors with many successful R&D tax credit cases.

Depending upon the particulars of your case, your claim can be paid as a cash rebate directly into your bank account or as a deduction from your corporation tax liability. Don't worry, your specialist consultant will explain all the options very clearly as your case progresses.

Our fees for managing your claim are 100% linked to the success of your case. The higher your claim, the higher our fee. This fee is paid to us directly from HMRC, so you don’t have to worry about dealing with any additional admin or invoicing.